According to a Pew Research Center nationwide telephone survey of adults conducted between March 15 and April 24, 2011, 55% of college graduates said that college education prepared them for a job (Time, May 30, 2011). Suppose this result was true of all college graduates at that time. In a recent sample of 1850 college graduates, 60% said that college education prepared them for a job. Is there significant evidence at a 2% significance level to conclude that the current percentage of all college graduates who will say that college education prepared them for a job is different from 55%? Use both the p-value and the critical-value approaches. Round your answers for the observed value of z and the critical value of z to two decimal places, and the p-value to four decimal places. Enter the critical values in increasing order. Zobserved = i p-value = i

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter11: Data Analysis And Probability
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According to a Pew Research Center nationwide
telephone survey of adults conducted between
March 15 and April 24, 2011, 55% of college
graduates said that college education prepared
them for a job (Time, May 30, 2011). Suppose this
result was true of all college graduates at that
time. In a recent sample of 1850 college graduates,
60% said that college education prepared them for
a job. Is there significant evidence at a 2%
significance level to conclude that the current
percentage of all college graduates who will say
that college education prepared them for a job is
different from 55%? Use both the p-value and the
critical-value approaches.
Round your answers for the observed value of z
and the critical value of z to two decimal places,
and the p-value to four decimal places. Enter the
critical values in increasing order.
Zobserved
i
p-value =
i
Transcribed Image Text:According to a Pew Research Center nationwide telephone survey of adults conducted between March 15 and April 24, 2011, 55% of college graduates said that college education prepared them for a job (Time, May 30, 2011). Suppose this result was true of all college graduates at that time. In a recent sample of 1850 college graduates, 60% said that college education prepared them for a job. Is there significant evidence at a 2% significance level to conclude that the current percentage of all college graduates who will say that college education prepared them for a job is different from 55%? Use both the p-value and the critical-value approaches. Round your answers for the observed value of z and the critical value of z to two decimal places, and the p-value to four decimal places. Enter the critical values in increasing order. Zobserved i p-value = i
and the p-value to four decimal places. Enter the
critical values in increasing order.
Zobserved =
i
p-value =
i
Critical values:
i
and
i
We can conclude that the current percentage of all
college graduates who will say that college
education prepared them for a job is
55%.
Transcribed Image Text:and the p-value to four decimal places. Enter the critical values in increasing order. Zobserved = i p-value = i Critical values: i and i We can conclude that the current percentage of all college graduates who will say that college education prepared them for a job is 55%.
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